<ARTICLE> BD
<LEGEND> EXHIBIT 27 Financial Data Schedule for the second quarter 
ended September 30, 1998 required pursuant to Item 601(c) of 
Regulation S-K and Regulation S-B and Rule 401 of Regulation S-T.
</LEGEND>
<CIK> 0000791963
<NAME> FAHNESTOCK VINER HOLDINGS INC.
<MULTIPLIER> 1
<CURRENCY> 1
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JUL-01-1998
<PERIOD-END> SEP-30-1998
<EXCHANGE-RATE>  1
<CASH> 10,814,000
<RECEIVABLES> 406,393,000
<SECURITIES-RESALE> 0
<SECURITIES-BORROWED> 142,573,000
<INSTRUMENTS-OWNED> 68,828,000
<PP&E> 9,360,000
<TOTAL-ASSETS> 645,308,000
<SHORT-TERM> 27,733,000
<PAYABLES> 178,972,000
<REPOS-SOLD> 0
<SECURITIES-LOANED> 227,084,000
<INSTRUMENTS-SOLD> 35,779,000
<LONG-TERM> 30,000
<COMMON> 37,886,000
<PREFERRED-MANDATORY> 0
<PREFERRED> 0
<OTHER-SE> 138,824,000
<TOTAL-LIABILITY-AND-EQUITY> 645,308,000
<TRADING-REVENUE> 17,075,000
<INTEREST-DIVIDENDS> 10,780,000
<COMMISSIONS> 27,799,000
<INVESTMENT-BANKING-REVENUES> 3,824,000
<FEE-REVENUE> 6,262,000
<INTEREST-EXPENSE> 5,360,000
<COMPENSATION> 33,254,000
<INCOME-PRETAX> 13,695,000
<INCOME-PRE-EXTRAORDINARY> 13,695,000
<EXTRAORDINARY>  0
<CHANGES> 0
<NET-INCOME> 7,589,000
<EPS-PRIMARY> 0.60
<EPS-DILUTED>  0.59